search.noResults

search.searching

dataCollection.invalidEmail
note.createNoteMessage

search.noResults

search.searching

orderForm.title

orderForm.productCode
orderForm.description
orderForm.quantity
orderForm.itemPrice
orderForm.price
orderForm.totalPrice
orderForm.deliveryDetails.billingAddress
orderForm.deliveryDetails.deliveryAddress
orderForm.noItems
FX CURRENCY WATCH


EUR/USD As stated in the last four years of articles for FX Trader Magazine, our long-term forecast continued to stress the top in the EUR/USD since 2009 [at 1.4740], as well as the forecast subsequent declines to 1.1555 for March 2014, and 1.0460 for October 2016 in the ongoing seven-year Dollar Bull Market Forecast. By rallying from the low to complete the


monthly close back above 1.1305 in June 2017, we crossed our “line in the sand” and terminated the Dollar Bull Market.


We have completed the forecast decline to retest 1.1445 for September 2018, but


the last three months


consolidation around 1.1305 has dampened the improving long-term technicals. We are forecasting only a weak further retest of 1.1175 through


April 2019 before the continued forecast retest of 1.2040, now out to August 2019 from February 2019, in a broader, longer, consolidation [1.1175 – 1.2165] through September 2019. We continue to forecast the subsequent rally through 1.2090 to retest 1.2555 through March 2020, on route to 1.3190 through July 2020 in the first leg of the U.S. Dollar bear market through midyear 2020. Only a monthly close in EUR/USD above 1.2555 (resulting in a new leg up to 1.3990 strong long-term resistance over six months) or a monthly close back below 1.1175 (eroding medium- term techs within neutral and yielding a decline to retest 1.0815 strong medium-term support over two months) would alter our neutral/ bullish medium-term outlook for EUR/USD.


EUR/USD


NOTE: Te seven year cycle which ended in our view in 2017 now projects the reverse seven year cycle to 1.4910 into 2026


GBP/USD GBP/USD 12 FX TRADER MAGAZINE April - June 2019


When our bearish forecast for GBP/ USD was completed with the decline from 1.5005 to the 1.3655 long-term objective in June 2016, the further deep and brief decline to 1.1950 developed the strongest complex medium-term divergences in a year, and a resulting rally to 1.4370 shy of 1.4565 in April 2018. We continue to forecast the rally from the 1.2480 December low to 1.3890, out to


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61